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Author: [[Michael A. Eisenberg]] Full Title: The Tree of Life and Prosperity Category: #books In the words of the wisest of all men, “Money is the answer to everything” (Ecclesiastes 10:19). Or as Liza Minnelli sang in Cabaret, “Money makes the world go round.” However, entrepreneurs generally—and technology entrepreneurs—specifically, are not rational economic beings. There are easier ways for bright and ambitious people to make money. What they truly want to do is make change. They are impelled by a need to change something, to fix or improve it. In my world, their canvas is technology. Broadly, there are three investment strategies for a venture capitalist. You can invest in a technology change, in a market evolution or revolution, or in people. As venture capitalist Keith Rabois says, you can make money at all three, but you better be among the best at one of them. I do not know much about technology and markets, so I focus on people. When people seek my advice, I often tell them that I would not ask someone like me for guidance. After all, who would ask someone for advice who is wrong as often as he is right? The venture capital business can be brutal. Half the time, you lose your money. You invest in the unknown, live with uncertainty, and often snatch defeat from the jaws of victory. In sum, it is a business steeped in faith. Faith that the future will be better. Faith in people, entrepreneurs, and changemakers. And in my case, a faith in God and the eternal wisdom of the Torah.

AI Summary

The Tree of Life and Prosperity by Michael A. Eisenberg presents wisdom from the contemplative traditions.

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